UPDATE: Is leaving a high-income job for lower paying, less stressful work a terrible financial move?

If your job is threatening your mental health, GET. THE FUCK. OUT.

I have nothing really to add, aside from a resounding yes. And a very similar experience I had when I was in my early 20s.

I was in investment banking. I did the whole ibanking at a hedge fund on wall st track, planned to do 3 years as an analyst, then go get my CFA, come back, do the associate track and hopefully make it to a partner before I turned 30.

My first year at the job, I slept maybe 5 hours a night. There were a lot of nights where I didn't even bother going home because it would take me 15 minutes to get home, and 15 minutes to get back to the office in 5 hours anyway, so I'd lose 30 minutes of sleep. I'd just crawl under my desk and sleep there.

Not even kidding. I worked maybe 100 hours a week.

I did 3 years of this, and I was pulling in about $150k/year + bonus (about 100k). And once I made it to associate, I'd do $300k+/year base.. and a huuuuge bonus.

I knew this going in. I was gonna "tough it out" for 8-10 years and retire by 30.

By my 3rd year in of sleeping 5 hours a night, I ended up gaining about 40 lbs, high blood pressure, frequent stomach ulcers, and I finally just passed the hell out one night when I decided to go to the gym.

Ended up in the hospital. Worst part? Nobody came to visit me because well... nobody even knew I was in the hospital. And there was no one to know because... I hadn't seen or talked to my friends for about 3 years because I had been so insanely busy.

Laying there alone in that bed was when I decided even with the high 6-figures in my bank (because I didn't spend a penny because I never had time to), this wasn't worth it.

I quit the following week and took a gap year.

Don't let yourself get to that point before you quit.

/r/personalfinance Thread